Experts from the cryptocurrency division of Andreessen Horowitz (a16zcrypto) published forecast for the industry's development after Donald Trump's victory in the US presidential election. They predict increased innovation, support for the sector and the emergence of clearer regulatory guidelines.
According to them, the government will stimulate innovation, accelerate progress and support the prosperity of the crypto ecosystem in the US, and tokens will be legitimized. This will provide consumers with access to a variety of benefits, including new business models and projects, ways to engage with audiences, lower fees for international transfers and ownership of digital identity, analysts believe.
a16zcrypto also noted that Trump's victory could facilitate productive interaction with regulators, creating conditions for the development of a clear regulatory framework for the crypto market.
At the same time, according to experts, control by regulators will remain, especially when launching new tokens, and it will help identify and eliminate unscrupulous market participants, supporting stable and promising projects.
Trump's victory thus opens the door for consumers and businesses to "feel free to explore blockchain," the publication notes. At the same time, they stressed the importance of filtering out the "information noise" around asset regulation, which is likely to intensify in the near future.
